Economic Complexity And Equilibrium Illusion: E... Review

Ping Chen's Economic Complexity and Equilibrium Illusion challenges neoclassical economic theory by proposing that market instability stems from deterministic chaos and structural, evolutionary dynamics rather than random, self-correcting forces. The book introduces a "meso-foundation" to analyze business cycles, aiming to guide researchers beyond traditional rational expectation models. For more details, visit Routledge . Economic Complexity and Equilibrium Illusion